In 2012, Shanxi province’s agricultural product exports did very well, in spite of a shrinking global market and the European crisis.
Shanxi’s Coking Coal Group has become one of the “Top 10 environmental protection enterprises” in the province, the provincial Environment and Resource Conservation Association announced, on Jan 14.
Shanxi province’s Guoxin Energy Development (Group) Co signed a strategic agreement with China Resources, on Jan 12 in Taiyuan, Shanxi’s capital, to build on their already established cooperation in the area of automobile fuel.
Shanxi provincial leaders held a meeting with the heads of State-owned commercial banks, in Beijing, on Jan 9, to discuss ways to help Shanxi explore its opportunities, increase financial support, and continue its industrial transformation.
According to the latest data released by the state energy administration, China has become the world's largest energy producer by the end of 2012. The total installed electricity capacity was 1.14 billion kilowatts, including 249 million of hydropower capacity which was the world's largest.
The Shanxi provincial science and technology bureau has reported that three organizations got approval recently as national high-tech enterprise promoters.
Shanxi province held a communication conference in Beijing, on Jan 9, to encourage provincial cooperation with Central enterprises.
As part of China’s 12th Five-year Plan (2011-16), Shanxi province has its own 12fth Five-year Plan for New Industrialization, which includes an Industrial Park and Industrial Demonstration Base Construction, at a cost of 200 billion to 300 billion yuan.
China's move to scrap the 40 percent tariff on coking coal exports and possibly lift the tariff on crude coal exports could affect the global coal market, according to the manager of a coal export company.